Seguin, TX 78155,718 San Antonio AVE #722
Seguin, TX 78155,718 San Antonio AVE #722
Seguin, TX 78155,718 San Antonio AVE #722
Seguin, TX 78155,718 San Antonio AVE #722
Seguin, TX 78155,718 San Antonio AVE #722
Seguin, TX 78155,718 San Antonio AVE #722
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$ 285,000
Est. payment | /mo

1,450 SqFt


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$ 285,000
Est. payment | /mo
Save

1,450 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,450 sqft

Price per Sqft $196

Subdivision Gallegos Seguin Isd

MLS Listing ID 575130

Style Traditional

Construction Status Resale

HOA Y/N No

Year Built 1992

Lot Size 5,706 Sqft

Acres 0.131

Property Sub-Type Duplex

Property Description

Turnkey multifamily CRE investment property in one of the country's fastest growing and most economically vibrant areas. Units consist of one 2 bed, 1 bath unit (slab foundation) and one 1 bed, 1 bath unit (pier and beam construction), each with their own laundry room. Long-term tenants (15-20 years) with leases in place; one is a section 8 tenant.
Minimal overhead; rents at close to market with long-term tenants under lease. Tenants pay all utilities and are responsible for lawn care.

Features updated in 2024-25 include:
• New metal roof on both structures
• Both units have new siding, insulation and stud and beam replacement where any evidence of decay or rot existed
• Exterior of both units painted
• New energy efficient windows in 2 bedroom unit.
• All items noted on inspections addressed (seller will share the original inspection and termite reports with an accepted offer).
• Carport converted to 1 car, enclosed garage.
• 1 bed / 1 bath unit leveled with new piers installed & numerous beams replaced
• New front door on 1 bed / 1 bath unit
• Minor kitchen updates made in 1 bed / 1 bath unit
• Bathroom, laundry remodeled in 1 bed / 1 bath unit
• New city compliant water heater closet on 1 bed / 1 bath unit
• Dead and problematic trees were trimmed back or removed altogether

No showings unless under contract; internally or externally. If you drive by, please do not disturb the tenants. Buyer managed NOI of 85 and Cap Rate of 6.4 based on actual costs.

Location

State TX

County Guadalupe

Interior

Interior Features Ceiling Fan(s), Tub Shower

Heating Central

Cooling Central Air, 1 Unit

Flooring Linoleum

Fireplaces Type None

Fireplace No

Appliance Gas Water Heater, Multiple Water Heaters, Some Electric Appliances, Some Gas Appliances

Laundry Inside

Exterior

Garage Spaces 1.0

Garage Description 1.0

Fence Chain Link, Partial

Pool None

View Y/N No

Water Access Desc Public

View None

Roof Type Metal

Accessibility Safe Emergency Egress from Home, Accessible Doors

Building

Story 1

Entry Level One

Foundation Pillar/Post/Pier, Slab

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Construction Status Resale

Schools

School District Seguin Isd

Others

Tax ID 24152

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Central Texas MLS (CTXMLS)
Listed by Karen Rizner • Vantage Real Estate Group, LLC

GET MORE INFORMATION

agent

MODUS Real Estate

Operations

+1(303) 229-6582

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